Asahi Intelligence Service (9799) Q4 2025 earnings summary

Executive summary

• FY2025 marked a 15th consecutive year of revenue and profit growth, with record revenue of ¥15,820 million, up 7.0% YoY.

• Growth reflected DX and legacy-system renewal demand, especially in automotive and mobile communications, alongside larger contracted and outsourced engagements.

• Rapid response to customer needs, improved contract pricing, and investment in engineer hiring and training supported performance.

Financial highlights

• Revenue was ¥15,820 million (+7.0% YoY); operating profit was ¥1,585 million (+11.1%), with operating margin up 0.3pt to 10.0%.

• Ordinary profit increased 10.6% to ¥1,611 million; net income rose 11.0% to ¥1,189 million.

• Versus FY2022, revenue grew 22% and operating profit 27%; results exceeded prior plan targets after two upward revisions.

• Year-end cash and equivalents were ¥6,197 million; operating cash flow was ¥927 million and financing cash flow was -¥480 million.

Outlook and guidance

• FY2026 forecasts: revenue ¥16,950 million (+7.1%), operating profit ¥1,700 million (+7.2%), ordinary profit ¥1,729 million (+7.3%), and net income ¥1,210 million (+1.7%).

• FY2026 operating margin is forecast at 10.0%; ordinary-profit margin at 10.1%.

• FY2028 targets are revenue of ¥19,650 million and operating profit of ¥1,965 million; the FY2035 revenue goal is ¥50 billion.